The Role of Economics in Understanding Religion
This conference looked at the role and practice of religion in today’s world through the lens of economic theory. Our areas of exploration included the incentive effects of establishment, the impact of a competitive marketplace for religious ideas, and the contrasting economic and religious explanations of what appears to be a fundamentally noneconomic decision: to become a martyr. We also examined why extremist sects prosper in some religious economies.
From Liberty Fund
An Inquiry into the Nature and Causes of the Wealth of Nations (vol. 1)
By Adam Smith
Edited by R. H. Campbell and A. S. Skinner
William B. Todd, Textual Editor
First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that…
Derek Neal. "Comments on the Economics of Religion." Faith & Economics 46 (2005): 10-13.
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Laurence Iannaccone. "Economics of Religion: Debating the Costs and Benefits of a New Field." Faith & Economics 46 (2005): 1-9.
Laurence Iannaccone and Eli Berman. "Religious Extremism: the Good, the Bad, and the Deadly." Public Choice 128 (2006): 109-129.
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Peter Boettke. "Religion and Economics." Faith & Economics 46 (2005): 14-18.
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